Form ITD 0501. Statement of Authorization to Sell New Vehicle

The Form ITD 0501, known as the "Statement of Authorization to Sell New Vehicle," is a document used in Idaho by authorized dealerships or individuals selling new vehicles. This form serves as an authorization to sell a specific new vehicle in compliance with state regulations.

The form requires detailed information about both the seller and the vehicle being sold. The seller must provide their full name, address, contact details, and dealer license number if applicable. Additionally, the vehicle's make, model, year, identification number (VIN), and other relevant details need to be indicated on the form.

By completing this form, the seller acknowledges that they have the legal authority to sell the specified new vehicle and certify its authenticity and compliance with all applicable laws and regulations. It also confirms that the seller will transfer the vehicle title to the buyer upon completion of the sale transaction.

Both the seller and buyer must sign the form to validate the authorization to sell the vehicle. The completed form should be retained by the seller for record-keeping purposes and provided to the buyer as proof of authorization.